Dear Sir,

My query is this that whether input of service tax is available on mobile phone if the phone is not in the company's name it is in the name of some employee or director working for the company.

Please also give some reference of the same if possible so that i can argue with any one in case of need while on the audit.

Krishan Goel is waiting for the early response

thanks in advance.....

What are the forms to be e-filed with ROC for intimation change of auditor arising on a casual vacancy after passing in Extra-ordinary general meeting?

I am a degree (Bcom) student (2nd year) .I passed my CS Foundation exam with 60 percent marks.I have sent the required testpapers to the Institute(ICSI) on regarding executive program.
I think I've lost my confidence now.Will I be able to complete my object?Am I on the right path or is it stupid?Dont mind pls send me whatever the reply is.

Actually i am little confused regarding a specific issue on depreciation
If a Building is a part of plant and machinery i mean base bulding without which the machinery cannot operate than should depreciation should be charged At the rate of plant and machinery or building?

Is FBT will be paid on tour and travelling expenses incurred by the auditors or can save FBT by showing it in out of pocket expenses of auditors??
Any tax liability will occure in the hands of the Auditors on account of this reimbursement?

Regards:

Prafull Kumar
CA Final

The salary income(only source) of my friend was never taxable and up to F.Y.2005-06 he has regularly filed the IT (nil)Return.But since last 3 years he is not filing the return.

I have heard that a person having PAN need not required to file Return untill his income exceed the exempted limit.

What will happen in this case because he had earlier filed the Returns?

AS-2 Valuation of inventory states that while determining the cost of the inventory trade discount, rebates, etc. is deducted to arrive at the cost. However, cash discount is not included. It states that cash discount is to be shown as an income in the P&L statement. Why is this so?

Sir
I wanna know that can tax audit report be filed without furnishing return of income ?
If yes then what is the procedure ?

Please, Help me, We are dealing with Indian Co. he give me Payment in US Dollars. He send me US$ 12000 @ 49.54 and bank give us credit US$11995 @ 48.94 and bank not show US$ 5 dollar in our statement. How should we pass this entry in our Books.

Thanks

If Payment made to a regular electrician under what section we have to deduct the TDS if Aggregate payment is exceeding the limit of 50000/- in a year
We are deducting the TDS under section 194J but he is arguing that we have to deduct TDs u/s 194C

so Please advise me regarding this query as early as possible